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40851 Hovley Court

40851 Hovley Court, Palm Desert, CA 92260
House in Riverside
Sold Dec 10, 2021
$680,000
$380,000 by Loandepot.com Llc
Mortgage Due Jan 01, 2052
Sold Jun 12, 2001
$320,000
$224,000 by Union Bank
Mortgage Due Jul 01, 2031
40851 Hovley Court has been categorized by the local assessors in Palm Desert, CA as a residential type of property. The building on the property was first built in 2001 and is 23 years old. However, we must point out that the home was most recently renovated and altered in 2002. The home has a total of 4 bedrooms. Residents will have access to one full bathroom. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 40851 Hovley Court has 2,520 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 7,841 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 665 sqft. According to our sources, there are a total of 2 available parking spaces. Love to swim? You'll be excited to find out that there is a pool on the property. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The roof of the building is made of tile. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. The property was last sold in Nov 16, 2021 for $680,000. That's $192.80 per sqft. Prior to that sales transaction, the property was also sold in May 18, 2001 for $320,000. 40851 Hovley Court was last assessed in 2023. The total value of the property was assessed at $693,600. Specifically, the land the property is located on was valued at $61,200. While improvements on the property were assessed at a total of $632,400. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $9,744. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Stucco Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2002
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 1
  • Partial Bathrooms: 3
  • Building Quality: B
  • Construction Type: Wood
  • Roof Cover Type: Tile
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 665
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 7,841
  • Total Building Area: 3,527
  • Gross Building Area: 3,527
  • Building Area: 2,520
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,520
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: TRACT 29585
  • Land Acres: 0.18
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Water rights (misc.)
  • Legal Description 1: .18 ACRES M/L IN LOT 12 MB 292/001 TR 29585

Ownership

  • Current Owner : SEDARIO ROBERT J
  • Current Owner 2: SEDANO ADRINA ALYSSA
  • Previous Owner : DONLEY RICHARD E
  • Previous Owner 2: WHITTIER CLARENCE R
  • Owner Before Previous Owner: HOVLEY ESTATES WEST LLC
  • Ownership Rights Codes: Married Woman as her sole & separate property

Neighborhood

  • School District Name: Desert Sands Unified School District
  • Census Tract: 044929

Geography

  • Subdivision Tract Number: 29585
  • Parcel: 622-330-050
  • Lot: 12
  • Municipality: PALM DESERT
  • Latitude: 33.7514
  • Longitude: -116.391

    Address

  • Full Address: 40851 Hovley Ct
  • Address - House Number: 40851
  • Address - Street Name: Hovley
  • Address - Suffix Type: Ct
  • State: CA
  • City Name: Palm Desert
  • Carrier Code: C069
  • 4-Digit Zip Code: 0407
  • Zip Code: 92260

Valuation

    Tax

  • Total Area: 2,520
  • Tax Year: 2023
  • Tax Amount: $9,744
  • Tax Rate Code Area: 018-332

    Appraisal Valuation

  • Standard Deviation: 0.1716
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 78
  • Final Value: 731,976
  • High Value: 857,620
  • Low Value: 606,331

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $380,000
  • First Open Lien Mortgage Lender: LOANDEPOT.COM LLC
  • First Open Lien Mortgage Recording Date: Dec 10, 2021
  • First Open Lien Mortgage Loan Amount: $380,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2052

    Market Valuation

  • Market Total Value: $597,150

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $693,600
  • Assessed Land Value: $61,200
  • Assessed Improvements Value: $632,400

    Sales

  • Current Sale Contract Date: Nov 16, 2021
  • Current Sale Recording Date: Dec 10, 2021
  • Current Sale Transaction ID: 11873599952
  • Current Sale Price: $680,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2021-0730373
  • Previous Sale Recording Date: Jun 12, 2001
  • Previous Sale Contract Date: May 18, 2001
  • Previous Sale Amount: $320,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: LOANDEPOT.COM, LLC
  • First Mortgage Transaction Date: Dec 10, 2021
  • First Mortgage Loan Amount: $380,000
  • First Mortgage Loan Due Date: Jan 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: UNION BANK
  • Previous Mortgage Transaction Date: Jun 12, 2001
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $224,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Jul 01, 2031

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Nearby Rentals

Unit for rent at

$5,300 /mo

  • 2 Beds
  • 2 Baths
  • 1,303 ft²
Listing by Vincent M Paternoster
Unit for rent at

$5,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,656 ft²
Listing by Vincent M Paternoster
Unit for rent at

$5,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,500 ft²
Listing by Loan Ly

Frequently Asked Questions

What neighborhood is 40851 Hovley Court located in?
The 40851 Hovley Court is a house located in the neighborhood of Riverside in Palm Desert, Palm Desert.
What is the average sales price for listings in 40851 Hovley Court?
The average sales price for units in 40851 Hovley Court is $695,000 , or $276/sqft. currently.

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